Microbusinesses care deeply about transaction efficiency. Deposits’ timing and ease of access can be crucial to the fiscal viability of these small businesses, as even short delays in payments or income receipt can be financially devastating in a time of extended economic uncertainty. When it...
Brazilian-based buy now, pay later (BNPL) startup TruePay on Tuesday (Nov. 23) announced that it recently wrapped up a Series A funding round that brought in $32 million, which will largely be used to hire more employees for the fledgling company, according to a company...
Business fuel expense management platform Fuelman on Tuesday (Nov. 23) debuted a strategic partnership with digital vehicle maintenance and repair marketplace CarAdvise that brings together Fuelman’s managed fuel programs with CarAdvise’s Software-as-a-Service (SaaS) platform. The collaboration will improve price transparency with national large fleet discounts...
B2B spend management startup Payhawk closed a $112 million Series B all equity round, the biggest Series B in Central and Eastern Europe for a B2B company, and comes just seven months after a $20 million Series A. The Series B was led by U.S....
Many chief financial officers (CFOs) have not only helped their organizations weather the storm financially since the pandemic but have also implemented digital innovations that will improve their organizations’ payment operations over the long haul. For example, 46% of firms are using regular ACH more...
Automation can make businesses more efficient, reduce errors and minimize costs in many areas. Increasingly, automation allows processes that would have once taken days to be done in a matter of seconds. When it comes to the complex world of invoices, this kind of automation...
Retailers using Adobe eCommerce software tools will soon be able to add one-click checkout. Adobe has announced it will add this feature thanks to a partnership with Bolt, Reuters reported. If Bolt has seen the retailer’s customer before among its own network of 10 million...
The widespread shift to remote work is fundamentally changing the procurement process. Historically, businesses have managed B2B payments in centralized offices, where employees could easily exchange paper documents to authorize business expenditures. Today, that is no longer practical — or even feasible. In response, many...
A week before the weekend that includes Black Friday and Cyber Monday, Dhruv Saxena, co-founder and CEO of ShipBob, was on the road to see what was happening in the company’s fulfillment centers. ShipBob is a global fulfillment platform for small- to medium-sizes businesses (SMBs)...